HIGH ENERGY BATTERIES (INDIA)
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The Current P/S Ratio of HIGH ENERGY BATTERIES (INDIA) is 9.28.
Share Price | ₹805.6 | May 24,2024 |
Market Cap | ₹725.0 Cr | |
Sales-TTM | ₹78.1 Cr | TTM-Standalone Results |
Price/Sales | 9.28x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of HIGH ENERGY BATTERIES (INDIA)
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹725.0 Cr] as on May 24,2024
(/) Sales [ ₹78.1 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 9.28x ]
Thus, for HIGH ENERGY BATTERIES (INDIA) , the investors are currently willing to pay '9.28 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of HIGH ENERGY BATTERIES (INDIA) !
The chart below summarizes the trend in P/S Ratio of HIGH ENERGY BATTERIES (INDIA) over the last five years.
Historical PS (Price/Sales) ratio chart of HIGH ENERGY BATTERIES (INDIA)
PS Ratio Performance Analysis for HIGH ENERGY BATTERIES (INDIA)
- HIGH ENERGY BATTERIES (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.18x.
- HIGH ENERGY BATTERIES (INDIA) 's operated at median p/e ratio of 3.11x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HIGH ENERGY BATTERIES (INDIA) 's p/e ratio peaked in Mar2024 at 6.9x.
- HIGH ENERGY BATTERIES (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 0.6x.
How does HIGH ENERGY BATTERIES (INDIA) 's P/S Ratio benchmark against top 10 peers in Batteries Industry?
Peer Comparison (Batteries Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
HIGH ENERGY BATTERIES (INDIA) | 78.1 | 9.28 | 725.0 |
EXIDE INDUSTRIES LTD | 16,769.7 | 2.41 | 40,349.5 |
AMARA RAJA ENERGY & MOBILITY LTD | 11,228.2 | 1.97 | 22,129.6 |
HBL POWER SYSTEMS LTD | 2,025.9 | 7.04 | 14,264.5 |
EVEREADY INDUSTRIES INDIA LTD | 1,314.3 | 1.85 | 2,433.9 |
INDONATIONAL LTD | 614.9 | 0.73 | 446.7 |
PANASONIC ENERGY INDIA COMPANY LTD | 280.7 | 1.37 | 383.8 |
Batteries Industry Benchmark (Top 10) PS Analysis vs HIGH ENERGY BATTERIES (INDIA) 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.73x |
Max industry PS | 9.28x |
Median industry PS | 1.97x |
Average industry PS | 3.52x |
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